New Contract Announcement

15 June 2015

Galasys PLC

("Galasys" or "The Group")

Galasys secures contracts from Yinji Water Park in China

Galasys PLC (AIM:GLS), a market leading provider of integrated amusement park solutions and services to the fast growing theme park industry in Asia, is pleased to announce a new contract win in China with a total value of c. GBP 503,000.

YINJI WATER PARK

Rated as one of the world's largest facilities and most stimulating water park, Yinji Water Park is situated in Zhengzhou, Henan and is backed by Silver Base Group which has a 15 year track record and holds more than RMB 20 billion (c. GBP 2 billion) worth of assets. Yinji Water Park, under construction since August 2014, is expected to commence operations by the end of June 2015 and the deployment of dehumidification technology will enable visitors to enjoy the park all year round.

Galasys will provide its Front-end and Back-end System V2.0 to Yinji Water Park with a total contract value of RMB 4,844,000 (c. GBP 503,000) and 3 years of after-sale services. Galasys will receive 70% of the total payment upon contract signing and delivery of facilities.

Commenting on the announcement, Mr. Seah, Chief Executive of Galasys, said:

"We are delighted to announce securing our latest attraction site, Yinji Water Park. This is another exciting addition to our existing portfolio of water parks, further strengthening our market share in China. Silver Base Group's foray into the water park business will present more opportunities for Galasys and we look forward to working with the group in the future."

The Company has also been informed that Focus Information Technology Co., Limited holder of 15,311,340 ordinary shares in the Company, has renamed to Shiji (Hong Kong) Limited. The shareholding remains the same.

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About Galasys

www.galasystec.com

Galasys is a leading integrated and modular amusement park solutions and services provider to premier amusement parks in China and South East Asia. Through its proprietary systems, the Group provides amusement park operators with the ability to sell, manage and analyse tickets, visitors, merchandise sales and other amusement park operations. It has been operating since 2005 and supplies solutions and services to more than 140 amusement parks in China and South East Asia. The Group has invested more than 50 man-years in R&D and owns the intellectual properties to its software and systems. The Group's first ticketing management system contract was awarded in 2005 by Chime Long Group. The Group currently employs and retains more than 140 people across Asia.